Author: James Wambua

• The primary objective of this partnership is to bolster the UAE’s sustainable capabilities and capacity.
• The company also signed a MoU with Asian Development & Investment Bank (ADIB) to launch their new Green Tech Fund.
• Mensha Ventures and the Asian Development & Investment Bank (ADIB) signed an MoU to launch their new Green Tech Fund.

UAE’s Mensha Ventures has entered into an agreement with partners from China to jointly invest $1 billion in green energy.

The Memorandum of Understanding was signed on the sidelines of Annual Investment Meeting 2023 in Abu Dhabi.

The partnership that brings together the Asia Development and Investment Bank, Hoover Investment Group and Shenzhen Sinomaster Investment Group (SMT).

By investing $1 billion in UAEs green capabilities, the initiative is billed to accelerate the country’s transition to clean energy.

The primary objective of the partnership is to bolster UAE’s sustainable capabilities in developing green energy infrastructure projects.…

• Policymakers and business leaders hold panel discussions.
• Leaders share experiences and expertise focusing on the current economic conditions.
• UAE capital city Abu Dhabi has solidified its position as a global hub for business growth.

Top government officials and business leaders from 170 countries are meeting in Abu Dhabi, UAE, for the Annual Investment Meeting 2023. The three-day forum, which is a premier platform for international investors, opened on Tuesday, May 8th.

The 2023 edition is bringing together top corporate leaders, government executives, decision-makers, and policymakers to explore untapped business opportunities globally.

The forum, which is under the theme “Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity,” is being held in Abu Dhabi city for the first time.

The first day was largely on several sessions of keynote speeches and panel discussions bringing together top policymakers and business leaders.

Leaders shared their experiences and …

• Uganda is scouting for investors at the Annual Investment Meeting in Abu Dhabi, UAE.
• The East African country wants investors to explore its agro-processing, tourism and extractive industries.
• Latest data shows that Uganda exported $2 billion worth of goods to the UAE in 2021.

Uganda is setting up industrial hubs across the country to attract investors in key sectors vital for powering growth. The country is fast-tracking infrastructure in the target areas which are under the country’s Free Zones Authority.

At the moment, Uganda has identified agro-processing, tourism, extractive as well as apparel industries as key cogs in unlocking her export potential.

These sectors will be critical in creating new job opportunities for roughly over 100,000 youth who are joining the labour market from school every year.

Uganda’s Vision 2040 seeks to tap into trade, tourism, investments and exports to drive development and social economic transformation.

“We are a …